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Fortune
Fortune
Jane Thier

Job-hopping could mean bigger salaries, but a $300K lifetime loss in retirement savings

Portrait of unhappy - sad Asian female employee sitting in the office with her negative expressing. Stressful Asian woman feels uncomfortable during working in the negative working environment. (Credit: Chirayu - Getty Images)

While there’s plenty of data that job-hopping every few years is one’s best bet at nabbing a higher salary, there’s an oft-overlooked aspect of the constant switches: lower retirement savings. 

The typical U.S. professional will work at nine different companies over the course of their career—and that job-hopping could cost them over a quarter of a million dollars, according to a recent Vanguard report.

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